Details - Information last confirmed on May 12, 2021
One of the Nation's largest short-term lenders to real estate investors is Now offering investors Long-Term, 30 Year financing on 1 to 4 unit rental properties.
This is perfect for investors seeking cash-out refinancing on 1-4 unit properties within their portfolio! Perfect for investors stuck in short-term high interest loans. Perfect for investors that have 1-4 unit assets in their own name and want to transfer them to their LLC (during the refi process).
Our loans do not appear on personal credit reports, as they are commercial style loans supplied to the LLC and additionally secured by the LLC members. Min. loan amount is $75K. Min. mid-FICO of additional guarantor(s) is 660. Servicing 30+ states with this loan product. NO CAP on the amount of loans we can originate for the borrower! (refinancing a portfolio of 52 single family rentals right now for one borrower)
We are a Broker-Freindly lender and welcome submissions from mortgage brokers seeking to help their clients use this new loan product.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.